Insurance News

Tower Full-Year Profit Rises 17% on Improved Insurance Earnings (Bloomberg)

Thu, 20 Nov 2008 20:58:04 GMT

Nov. 21 (Bloomberg) -- Tower Ltd. , a New Zealand insurer and fund manager, said first-half profit rose 17 percent, led by gains in its health and life insurance units.

Farmers' Health Insurance: A Costly Row To Hoe (NPR)

Thu, 20 Nov 2008 18:16:18 GMT

Many U.S. farmers struggle to meet their health care costs. A recent survey by the nonprofit Access Project says farmers pay twice as much as nonfarmers for insurance and out-of-pocket expenses. As small-business owners, they have few options and often buy insurance as individuals.

Auto Insurance News

State auto insurer pulls rate cut proposal (Baltimore Sun)

Thu, 20 Nov 2008 12:16:35 GMT

Maryland's auto insurer of last resort withdrew a proposal to reduce its rates this week, saying volatility in the market cut its surplus by more than $25 million in September and October. The Maryland Automobile Insurance Fund, a state-controlled fund that covers drivers who have been rejected by private-sector companies, had filed to reduce its rates by an average of about $120 per policy in ...

The Fraser Institute: Three of Four Provinces With Government Auto Insurance Monopolies Have Highest Rates in Canada (Marketwire via Yahoo! Finance)

Tue, 18 Nov 2008 11:00:00 GMT

Government-run auto insurance monopolies in British Columbia, Saskatchewan and Manitoba are charging some of the highest average premiums in Canada, concludes a new report released today by the independent research organization the Fraser Institute.

Health Insurance News

Farmers' Health Insurance: A Costly Row To Hoe (NPR)

Thu, 20 Nov 2008 18:16:18 GMT

Many U.S. farmers struggle to meet their health care costs. A recent survey by the nonprofit Access Project says farmers pay twice as much as nonfarmers for insurance and out-of-pocket expenses. As small-business owners, they have few options and often buy insurance as individuals.

Health insurance costs: Employees dig deeper in pockets (Orlando Sentinel)

Thu, 20 Nov 2008 09:24:49 GMT

U.S. workers who get health insurance through their employer can expect to shoulder more of the ever-growing financial burden again next year.

Life Insurance News

Integrity Capital Partners sells unwanted life insurance policies (BizJournals)

Thu, 20 Nov 2008 14:51:03 GMT

Integrity Capital Partners has facilitated the sale of $130 million in life insurance policies for a public company. (XRIT)

OneAmerica and Shenandoah Life Insurance announce proposed merger (Insurance Business Review)

Thu, 20 Nov 2008 11:34:08 GMT

OneAmerica Financial Partners and Shenandoah Life Insurance Company have announced the signing of a letter of intent that describes a proposal to merge the two organizations.

Boat Insurance News

HFD gets $35K for new emergency rescue boat (Honolulu Advertiser)

Wed, 19 Nov 2008 18:09:39 GMT

Fireman's Fund Insurance Company, along with Atlas Insurance Agents, Insurance Factors, Jerry Hay, Inc., and Servco Insurance Services, are teaming up to donate $35,840 to partially fund the purchase of a new rescue boat for the Honolulu Fire Department.

Woman allegedly faked ex's signature to sell boat (Northwest Herald)

Thu, 20 Nov 2008 07:33:44 GMT

WOODSTOCK – A Cary-area woman is facing a felony charge for allegedly selling a boat that she owned with her ex-boyfriend after he moved out of state with another woman.

Travel Insurance News

AAA Travel and Insurance (The St. Charles Sun)

Wed, 19 Nov 2008 10:18:19 GMT

I was surprised to learn I don't have to be a AAA member to use the services of its travel and insurance agents.

Travel Insured International's Worldwide Trip Protector Lite Is the Right Travel Insurance Plan for Tighter Travel ... (PRWeb via Yahoo! News)

Wed, 19 Nov 2008 07:01:00 GMT

Travel Insured International, a leader in the travel insurance industry, finds budget-minded travelers turning to Worldwide Trip Protector Lite & Lite Expanded. This affordable dual-level insurance plan offers basic coverage with a menu of upgrades and options to fit individual trip plans and needs.

Home Insurance News

SCORE: Insurance essential for home-based businesses (Post-Bulletin)

Thu, 20 Nov 2008 17:11:30 GMT

 Operating a small business from home can free entrepreneurs from the costs of leasing space and commuting. However, Bill St. Martin, SCORE counselor and former insurance professional, observes that "too many of these businesses may short-change themselves when it comes to buying insurance."

California wildfires highlight lack of mobile home insurance (Belleville News-Democrat)

Thu, 20 Nov 2008 13:30:45 GMT

As fire tore through Oakridge Mobile Home Park in Sylmar, Calif., on Friday, some of its residents likely knew they would bear the entire burden of rebuilding.

 

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